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The government has proposed higher PAN requirement limits under the Draft Income Tax Rules 2026 to simplify compliance for small transactions.

PAN Rules Overhaul Ahead: New Income Tax Draft 2025 Brings Relief for Small Transactions

Many taxpayers are still waiting for their AY 2025-26 income tax refunds, as over 24 lakh verified returns have remained pending for more than 90 days.

ITR Filed but Refund Not Received? Over 24 Lakh Returns Pending Beyond 90 Days

Reports say that the draft will be notified by March 2026, replacing the Income Tax Rules, 1962.

Draft Income Tax Rules 2026: What are the Major Changes?

Government reveals 24.64 lakh ITRs pending beyond 90 days as total filings touch 8.79 crore this assessment year.

24.64 Lakh ITRs Remain Unprocessed for Over 3 Months

The draft income tax rules bring down the number of rules from 511 to 333 and the number of forms from 399 to only 190.

Old Tax Regime Gains Attention after CBDT Releases Draft IT Rules 2026

Judgement

The Supreme Court has agreed to examine a PIL challenging the expanded digital search and seizure powers granted to tax authorities under the new Income Tax Act, 2025.

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PAN Rules Overhaul Ahead: New Income Tax Draft 2025 Brings Relief for Small Transactions

ITR Filed but Refund Not Received? Over 24 Lakh Returns Pending Beyond 90 Days

Draft Income Tax Rules 2026: What are the Major Changes?

24.64 Lakh ITRs Remain Unprocessed for Over 3 Months

Old Tax Regime Gains Attention after CBDT Releases Draft IT Rules 2026

Supreme Court to Examine PIL Challenging Digital Search and Seizure Powers of Tax Authorities